Searching for an audit firm can be a time-consuming and stressful task. However, it can be maneuvered easier if you know what to look for, have realistic expectations, and ask the right questions.
IRS Plan Approval Eligibility Extended to 403(b) Plans
Starting in 2023, tax-exempt employers like schools, churches, governments, and other not-for-profit organizations can request an IRS determination letter for their 403(b) plans for the first time.
Revenue Recognition Case Studies
with Customers (ASC 606) has gone into effect and will be significantly changing some financial statements and the recognition of revenue
Live Webinar Recording: Implementing the Lease Accounting Standard
21 we held a free live webinar discussing the implementation of the Lease Accounting standard.
Financial Statement Concerns for Manufacturing Companies
Good accounting practices are an important tool for managing a manufacturing business. Given the industry's uncertainty, it is crucial to fine-tune financial statements for users of them to review reliable information. We have provided a guide below highlighting...
Business Owners: Ways to Improve your Company’s Internal Controls
Internal controls are not typically a topic at management meetings until fraud occurs in the company or is in the news. The idea of fraud happening in business is generally considered preposterous; we all have trustworthy employees and appropriate controls. However,...
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